BlueMount Capital Secures Major Debt Funding

"In conjunction with BlueMount Capital’s Melbourne office, I am delighted to announce we have secured more than AUD 39 million in debt funding for a leading Melbourne based manufacturing group.

The funds will be used to finalise the purchase of a new factory as well as providing flexible growth oriented banking facilities. The funding includes a range of facilities such as business loans; equipment, trade and invoice finance as well as an overdraft and credit card facilities.

BlueMount Capital worked closely with the new funder and the client to secure the facilities which include more flexible covenants and guarantee arrangements while providing competitive interest rates on all products offered."